Cadogan Energy Solutions (LON:CAD) Stock Price Up 14.7% – Time to Buy?

Cadogan Energy Solutions PLC (LON:CAD) traded up 14.7% on Wednesday . The stock traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.45 ($0.07). 144,112 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 187,580 shares. The stock had previously closed at GBX 4.75 ($0.06).

Cadogan Energy Solutions Stock Up 14.7 %

The firm has a 50 day moving average of GBX 4.41 and a two-hundred day moving average of GBX 3.05. The stock has a market capitalization of £16.65 million, a PE ratio of 9.81 and a beta of 0.67. The company has a current ratio of 19.35, a quick ratio of 10.11 and a debt-to-equity ratio of 0.54.

Insider Activity

In other Cadogan Energy Solutions news, insider Michel Meeus purchased 12,433,651 shares of Cadogan Energy Solutions stock in a transaction on Friday, December 13th. The shares were bought at an average price of GBX 5 ($0.06) per share, with a total value of £621,682.55 ($787,937.33). Insiders bought a total of 13,823,651 shares of company stock worth $67,728,255 over the last 90 days. 71.64% of the stock is currently owned by corporate insiders.

Cadogan Energy Solutions Company Profile

Cadogan Energy Solutions PLC, together with its subsidiaries, engages in the exploration, development, and production of natural gas, oil, and condensate in Ukraine. It operates through Exploration and Production and Trading segments. The company holds working interest licenses in the west of Ukraine.